Kicking Off a Renewable Energy
Renewable energy used to be a niche part of the energy mix, but it's quickly becoming mainstream. Like an athlete drafted #1 overall, renewables have gone from benchwarmer to MVP. What does this transition mean for supply chain managers on the frontlines of energy procurement?
The winds of change are blowing. Renewables made up over 20% of U.S. electricity generation in 2020 and are projected to hit 42% by 2050 according to the U.S. Energy Information Administration. With costs continuing to drop, economics increasingly favor clean energy alternatives. Just like a slam dunk or touchdown, adopting renewables is a scoring opportunity supply chain managers can't afford to pass up.
But making the switch isn't as simple as substituting one player for another. Renewable energy comes from diffuse natural sources like sunlight and wind, not concentrated reserves of fossil fuels. Transmission infrastructure and energy storage solutions haven't fully caught up. Managing variability and reliability issues takes strategic planning - it's about assessing strengths and weaknesses to build a championship team.
This is where supply chain partners like SCM.Jobs can help. With deep expertise in procurement, purchasing and logistics, they can provide end-to-end support in transitioning supply chains to renewable electricity. From drafting early plays around policy incentives and carbon emissions targets to navigating the complex energy market's equivalent of trades, waivers and free agency, they'll make sure your renewables game plan is ready to compete.
The stakes couldn't be higher. Beyond cost savings, renewable energy delivers sustainability benefits that are increasingly demanded by shareholders, customers and the public at large. As climate change accelerates, we all have a responsibility to reduce environmental impacts across supply networks. The renewable transition is our best shot to score on this pressing societal challenge.
The clock is winding down - will you lead your team to a renewables win? Questions or ready to build your playbook? Reach out to the experts at SCM.Jobs today.
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